Like Lemoncat

closed 8/21/2019 via BNC Analysis

Caterwings, acquired Lemoncat

synopsis: Caterwings, the Rocket Internet-founded corporate catering marketplace that operates in eight countries, has acquired German competitor Lemoncat. LemonCat is an online platform for business catering that helps businesses find the best local food for their meetings, conferences and events.
buyer parent: Rocket Internet
buyer: Caterwings
Caterwings is an online marketplace for business catering. Founded in 2015, we’ve made it our mission to digitalize the catering market and simplify the process of choosing and ordering catering services online. "
target: Lemoncat
LemonCat is an online platform for business catering that helps businesses finding the best local food for their meetings, conferences and events. For the catering industry LemonCat offers CATERDESK.com, a SaaS solution for caterers to manage their business digitally.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/22/2020 via BusinessWire

Foodee, acquired Chewse, Inc.

synopsis: Foodee, the leading office catering platform for individually packaged meals, announced it has acquired Chewse, a leading office catering company servicing the San Francisco Bay Area, Austin, and Chicago.
buyer: Foodee
Foodee is the leading office catering platform for individually packaged meals. Foodee partners exclusively with local restaurants, bringing diverse cuisines and customizable meal programs to the city's workforce. "
target: Chewse, Inc.
Chewse delivers family-style office meals from the best local restaurants. They take on the burden of planning group meals, so your team can focus on what matters... doing great work, with amazing people, on time.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/27/2020 via BNC Analysis

Compass Group PLC, acquired Feedr

synopsis: Feedr, a London-based food tech startup that delivers personalised meals to office workers as an alternative to companies setting up their own canteens, has been acquired by Compass Group, a publicly-listed foodservice company in the UK. The acquisition will help accelerate Compass Group's digital transformation by utilizing Feedr's software.
buyer: Compass Group PLC (LSE:CPG:$31,372.06)
UK-based Compass Group is the world's leading food service company. The Group specialises in providing food and a range of support services across Business & Industry, Healthcare & Seniors, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio. "
target: Feedr
Feedr is an online platform that connects food suppliers with office workers. Feedr offers a curated selection of over 100 caterers, popups, and restaurants from across London who produce high quality, nutritious, and delicious food perfect for breakfasts, meetings, lunches, and events.
price ($mm)
$24
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/12/2019 via Company Press Release

Just Eat, acquired City Pantry Limited

synopsis: Just Eat plc, a leading global marketplace for takeaway food delivery, announces that it has acquired City Pantry. City Pantry, founded by Stuart Sunderland in 2014, is Europe’s leading B2B catering marketplace, linking caterers and restaurants with corporate customers providing food for their employees or clients.
buyer: Just Eat (LSE:JE:$1,103.79)
The UK Just Eat Group operates a leading global marketplace for online food delivery, providing customers with an easy and secure way to order and pay for food from their restaurant partners. They inspire their restaurant partners to raise their game with data and insights. "
target: City Pantry Limited
City Pantry, founded by Stuart Sunderland in 2014, is Europe’s leading B2B catering marketplace, linking caterers and restaurants with corporate customers providing food for their employees or clients.
price ($mm)
$20
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/8/2018 via BNC Analysis

Hungry Marketplace, acquired LocalStove

synopsis: HUNGRY, the online marketplace that connects independent chefs with the lucrative office catering market, announced the acquisition of Philadelphia-based LocalStove. LocalStove is a curated online marketplace that connects corporate catering customers with the best independent local cooks for office meetings and events.
buyer: Hungry Marketplace
Hungry Marketplace is an food-tech catering company that connects independent chefs with the office catering market. They provide a mobile and online food platform that connects professional chefs with businesses. "
target: LocalStove
LocalStove is a curated online marketplace that connects corporate catering customers with the best independent local cooks for office meetings and events. They provide a platform for companies to choose the right food based on budget, group size, and menu preferences.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/24/2018 via BusinessWire

ezCater, acquired GoCater

synopsis: ezCater, the world’s largest online marketplace for business catering, announced it has acquired GoCater, the Paris-headquartered corporate catering platform. GoCater allows businesses to book all their catering delivery orders online, and control their catering spending.
buyer: ezCater
ezCater is the world’s largest marketplace for business catering. ezCater’s online ordering, on-time ratings and reviews, and award-winning customer service help businesspeople from organizations of all sizes and industries make meetings more successful and employees more engaged. "
target: GoCater
GoCater allows businesses to book all their catering delivery orders online, and control their catering spending. Businesses can find, compare, and order from hundreds of local caterers and restaurants online. The platform is currently available in France and Germany.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/31/2018 via BNC Analysis

Rocket Internet, acquired Order-In

synopsis: German startup giant Rocket Internet has acquired Australian online corporate catering business Order-In. Launched in Sydney in 2000, Order-In allows corporate clients including Coca-Cola, Commonwealth Bank, and Twitter to search for and order catering from its network of suppliers.
buyer: Rocket Internet (XTRA:RKET:$72.72)
Rocket Internet incubates and invests in technology companies with proven business models, providing operational support and help to scale internationally. Rocket's selected companies are active in a large number of countries around the world with more than 28,000 employees. "
target: Order-In
Launched in Sydney in 2000, Order-In allows corporate clients including Coca-Cola, Commonwealth Bank, and Twitter to search for and order catering from its network of suppliers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/15/2017 via Company Press Release

Volaris Group Inc., acquired CaterTrax

synopsis: Volaris Group announced that it has acquired substantially all of the assets of Hospitality 101, Inc., doing business as CaterTrax, a catering management software provider based in Rochester, New York. CaterTrax is an industry leading catering management software company primarily serving the non-commercial foodservice industry.
buyer parent: Constellation Software, Inc.
buyer: Volaris Group Inc.
Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow. "
target: CaterTrax
CaterTrax is an industry leading catering management software company that is built by caterers for caterers. Primarily serving the non-commercial foodservice industry, CaterTrax provides flexible solutions to multi-unit contractors across the US and Canada, streamlining enterprise management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/21/2019 via BNC Analysis

e-foods, acquired CaterCost

synopsis: e-foods, a provider of online purchase to payment solutions for the food and hospitality industry, has acquired CaterCost, a company that delivers cloud-based menu management software for caterers. CaterCost helps with every aspect of menu management; from helping clients understand recipe costing, to keeping them compliant with kitchen regulation.
buyer: e-foods
Based in the UK, e-foods is a provider of online purchase to payment solutions for the food and hospitality industry. Behind e-foods’ industry leading IT solution is a company expert in the management of procurement, purchase and supply across the full scope of day-to-day purchasing requirements. "
target: CaterCost
Based in the UK, CaterCost delivers cloud-based menu management software for caterers. CaterCost helps with every aspect of their clients' menu management; from helping clients take the guesswork out of recipe costing, to keeping them compliant with kitchen regulation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/6/2018 via BNC Analysis

AccorHotels, acquired Adoria

synopsis: French giant AccorHotels has acquired Adoria, Europe’s leading software platform offering management solutions for corporate and contract caterers. Adoria was founded in France in 2003 and is used by 2,700 organisations, offering solutions for tendering, procurement, logistics and production.
buyer: AccorHotels (ENXTPA:AC:$2,283.39)
AccorHotels is a French multinational hotel group. With hotels in more than 90 countries stretching across all the continents, AccorHotels offers a vast choice of destinations. On the AccorHotels portal, a range from Sofitel to Ibis via Pullman and Novotel, offers accommodation to suit all budgets. "
target: Adoria
Adoria is Europe’s leading software platform offering management solutions for corporate and contract caterers. Adoria was founded in France in 2003 and is used by 2,700 organisations, offering solutions for tendering, procurement, logistics and production.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/5/2019 via Reuters

Yummybox, acquired Berrykitchen

synopsis: Yummy Corp has acquired Indonesain online catering service pioneer Berrykitchen. Following the acquisition, the Berrykitchen team will be joining Yummy Corp’s online catering business unit, Yummybox. Both apps have also been merged and is currently available for both Android and iOS devices.
buyer parent: Yummy Corp
buyer: Yummybox
Yummybox is Yummy Corp’s online catering business unit. They deliver practical and chef-created daily lunch boxes to office employees in Jakarta & Tangerang Selata, Indonesia. Customers can choose their lunch menu for five or 10 working days in just a single click on the Yummybox app. "
target: Berrykitchen
Berrykitchen is the Indonesian online catering service pioneer. They make lunch boxes and bento meals for office workers. The app allows customers to choose or mix and match their own menu by providing delicious, healthy food at affordable prices to create a more enjoyable dining experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/5/2018 via BNC Analysis

Zomato, acquired TongueStun

synopsis: Food-ordering app Zomato has announced that it has acquired TongueStun, a Bengaluru-based startup. TongueStun is the leader in the corporate cafeteria sector, and now caters to as many as 1,500 companies and provides 1,50,000 meals daily to office-goers through its 1,000-plus food partners.
buyer: Zomato
Zomato is a restaurant search and discovery app, providing in-depth information for over 1 million restaurants across 23 countries. Zomato is used by consumers globally to discover, rate, and review restaurants, as well as create their own personal networks to give trusted recommendations. "
target: TongueStun
TongueStun is a Bangalore-based startup which aggregates caterers and restaurants for office canteens. TongueStun has over 1,000 curated food partners along with 1,500 companies on its platform in six cities including Bengaluru, Mumbai, Hyderabad, Gurugram, and Pune.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/2/2015 via PR Newswire

GrubHub, Inc., acquired Restaurants on the Run, Inc.

synopsis: GrubHub is expanding its foothold in online food ordering with the acquisition of Aliso Viejo-based Restaurants on the Run. Restaurants on the Run specializes in corporate food delivery from 1,700 restaurants in Los Angeles, San Francisco, Orange County, San Diego, Houston, Seattle, Las Vegas and Tulsa.
buyer: GrubHub, Inc. (GRUB:$1,351.36)
GrubHub is a leading online and mobile food ordering platform that shows diners local restaurants available for delivery or pick up. GrubHub features thousands of online and mobile ordering restaurants in hundreds of cities across the U.S. "
target: Restaurants on the Run, Inc.
Restaurants on the Run specializes in corporate food delivery from 1,700 restaurants in Los Angeles, San Francisco, Orange County, San Diego, Houston, Seattle, Las Vegas and Tulsa.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/5/2011 via BNC Analysis

Just-Eat Limited, acquired Urbanbite Ltd.

synopsis: Fast-growing online takeaway service provider Just-Eat announced that it has acquired Urbanbite, a London online food delivery company. The purchase marks Just-Eat’s entry into the corporate business.
buyer: Just-Eat Limited (LSE:JE:$1,103.79)
Just-Eat has created a whole new way of ordering takeaway food. Ordering online is simple, quick and efficient for both the customer and the restaurant owner. The Just-Eat end-to-end system for online ordering makes the takeaway ordering experience better for both parties. "
target: Urbanbite Ltd.
Urbanbite.com (originally Orangepip.com) was started by former British Airways IT expert Ben Carmona in 1999. Urbanbite is an online restaurant food-delivery service.
price ($mm)
rev ($mm)
$500
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 4/26/2021 via PR Newswire

VITEC Software Group, acquired Nordman & Co AB

synopsis: Vitec Software Group AB is acquiring all shares in Nordman & Co AB, a company that develops and provides the software Argus CRM, a complete sales force system for fast-moving consumer goods, pharmacy, food services and construction, primarily in the Nordic region.
buyer: VITEC Software Group (OM:VIT B:$190.61)
Vitec is the market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. Their employees are based in Denmark, Finland, Norway and Sweden. "
target: Nordman & Co AB
Nordman & Co AB develops and provides the software Argus CRM, a complete sales force system for fast-moving consumer goods, pharmacy, food services and construction, primarily in the Nordic region.
price ($mm)
rev ($mm)
$2
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 1/11/2018 via PR Newswire

Blacksmith Applications, Inc., acquired GoSimple LLC

synopsis: Blacksmith Applications, a leading provider of SaaS-based trade promotion management software for enterprise-class consumer packaged goods manufacturers, announced the acquisition of GoSimple LLC of Oldsmar, Florida. GoSimple provides a complete foodservice trade promotion management solution.
buyer parent: Strattam Capital
buyer: Blacksmith Applications, Inc.
Blacksmith Applications enables foodservice manufacturers to confidently manage their trade spending and pricing initiatives through software solutions and consulting, supporting comprehensive profitability analysis. "
target: GoSimple LLC
GoSimple provides affordable trade promotion management solutions for foodservice manufacturers. Their focus is to provide superior service in the claims/deduction management arena while providing a best in class software solution.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/23/2017 via Company Press Release

Access Group, acquired DesignMyNight

synopsis: The Access Group, one of the UK’s leading providers of software to mid-market businesses, has acquired DesignMyNight, a nightlife discovery website. DesignMyNight has two SaaS products: Collins, a reservation and enquiry management tool for casual dining restaurants, bars and pubs, and Tonic, an event ticketing and marketing platform.
buyer parent: TA Associates
buyer: Access Group
Access Group is a leading provider of fully integrated business management software. Its portfolio spans ERP, finance, HR, Payroll, recruitment, warehousing, business intelligence, professional service automation and manufacturing. "
target: DesignMyNight
DesignMyNight is website that lets users discover and book the newest and best nightlife locations in the UK. The company also created Collins, a booking and enquiry management software for bars, restaurants, pubs and clubs, and Tonic, one of the leading ticketing platforms in the UK.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/17/2020 via PR Newswire

Delivery.com, acquired Doorbell Dining

synopsis: delivery.com, a leading destination for online ordering, has acquired Doorbell Dining, an online and mobile restaurant delivery service. Doorbell Dining offers a network of over 100 restaurant partners. They specialize in corporate meal solutions, event catering and arranging residential delivery.
buyer parent: Cantor Fitzgerald, & Co.
buyer: Delivery.com
Delivery.com empowers the neighborhood economy by enabling consumers and corporate customers to order online from their favorite restaurants and other local businesses. More than two and a half million delivery.com customers explore their communities and order from over 15,000 local businesses. "
target: Doorbell Dining
Doorbell Dining is an online and mobile restaurant delivery service. Doorbell Dining offers a network of over 100 restaurant partners. They specialize in corporate meal solutions, event catering and arranging residential delivery.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/2/2016 via PR Newswire

Ben E. Keith Company, acquired MenuMax

synopsis: Ben E. Keith Company has acquired MenuMax, a recipe and menu management software company that provides innovative solutions for the food service industry. MenuMax offers a cloud-based recipe and menu management system that assists in organizing and planning menus, calculating food costs and nutrition, and increasing operator profit margins.
buyer: Ben E. Keith Company
Established in Fort Worth, Texas in 1906, Ben E. Keith is the nation's eighth largest broad line food service distributor and operates with eight divisions shipping to fourteen states throughout the country. "
target: MenuMax
MenuMax™ is a web-based application that provides secure tools to analyze the user's recipes and menus for nutrition and profitability. The platform provides efficiency and transparency in communicating and marketing products to the food service operator from distributors and manufacturers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/7/2019 via BusinessWire

Lavu, acquired Sourcery

synopsis: Leading mobile point-of-sale and payment processing platform, Lavu, has announced the acquisition of Sourcery, an automated accounts payable solution designed for the restaurant industry. The company’s platform allows food suppliers and buyers to manage their transactions online, ranging from electronic invoicing to payments to product selection.
buyer: Lavu
Lavu is the world’s leading mobile point-of-sale system for restaurants and bars. Offering flexible payment-processing solutions, an intuitive interface, and a proprietary business management suite, Lavu’s restaurant management platform is ideal for all food and drink establishments. "
target: Sourcery
Sourcery is an automated accounts payable solution designed for the restaurant industry. The company’s platform allows food suppliers and buyers to manage their transactions online, ranging from electronic invoicing to payments to product selection.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/21/2019 via BNC Analysis

Caterwings, acquired Lemoncat

synopsis: Caterwings, the Rocket Internet-founded corporate catering marketplace that operates in eight countries, has acquired German competitor Lemoncat. LemonCat is an online platform for business catering that helps businesses find the best local food for their meetings, conferences and events.
buyer parent: Rocket Internet
buyer: Caterwings
Caterwings is an online marketplace for business catering. Founded in 2015, we’ve made it our mission to digitalize the catering market and simplify the process of choosing and ordering catering services online. "
target: Lemoncat
LemonCat is an online platform for business catering that helps businesses finding the best local food for their meetings, conferences and events. For the catering industry LemonCat offers CATERDESK.com, a SaaS solution for caterers to manage their business digitally.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/21/2019 via BNC Analysis

Caterwings, acquired Lemoncat

synopsis: Caterwings, the Rocket Internet-founded corporate catering marketplace that operates in eight countries, has acquired German competitor Lemoncat. LemonCat is an online platform for business catering that helps businesses find the best local food for their meetings, conferences and events.
buyer parent: Rocket Internet
buyer: Caterwings
Caterwings is an online marketplace for business catering. Founded in 2015, we’ve made it our mission to digitalize the catering market and simplify the process of choosing and ordering catering services online. "
target: Lemoncat
LemonCat is an online platform for business catering that helps businesses finding the best local food for their meetings, conferences and events. For the catering industry LemonCat offers CATERDESK.com, a SaaS solution for caterers to manage their business digitally.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/21/2019 via BNC Analysis

Caterwings, acquired Lemoncat

synopsis: Caterwings, the Rocket Internet-founded corporate catering marketplace that operates in eight countries, has acquired German competitor Lemoncat. LemonCat is an online platform for business catering that helps businesses find the best local food for their meetings, conferences and events.
buyer parent: Rocket Internet
buyer: Caterwings
Caterwings is an online marketplace for business catering. Founded in 2015, we’ve made it our mission to digitalize the catering market and simplify the process of choosing and ordering catering services online. "
target: Lemoncat
LemonCat is an online platform for business catering that helps businesses finding the best local food for their meetings, conferences and events. For the catering industry LemonCat offers CATERDESK.com, a SaaS solution for caterers to manage their business digitally.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/22/2020 via BusinessWire

Foodee, acquired Chewse, Inc.

synopsis: Foodee, the leading office catering platform for individually packaged meals, announced it has acquired Chewse, a leading office catering company servicing the San Francisco Bay Area, Austin, and Chicago.
buyer: Foodee
Foodee is the leading office catering platform for individually packaged meals. Foodee partners exclusively with local restaurants, bringing diverse cuisines and customizable meal programs to the city's workforce. "
target: Chewse, Inc.
Chewse delivers family-style office meals from the best local restaurants. They take on the burden of planning group meals, so your team can focus on what matters... doing great work, with amazing people, on time.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/27/2020 via BNC Analysis

Compass Group PLC, acquired Feedr

synopsis: Feedr, a London-based food tech startup that delivers personalised meals to office workers as an alternative to companies setting up their own canteens, has been acquired by Compass Group, a publicly-listed foodservice company in the UK. The acquisition will help accelerate Compass Group's digital transformation by utilizing Feedr's software.
buyer: Compass Group PLC (LSE:CPG:$31,372.06)
UK-based Compass Group is the world's leading food service company. The Group specialises in providing food and a range of support services across Business & Industry, Healthcare & Seniors, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio. "
target: Feedr
Feedr is an online platform that connects food suppliers with office workers. Feedr offers a curated selection of over 100 caterers, popups, and restaurants from across London who produce high quality, nutritious, and delicious food perfect for breakfasts, meetings, lunches, and events.
price ($mm)
$24
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/12/2019 via Company Press Release

Just Eat, acquired City Pantry Limited

synopsis: Just Eat plc, a leading global marketplace for takeaway food delivery, announces that it has acquired City Pantry. City Pantry, founded by Stuart Sunderland in 2014, is Europe’s leading B2B catering marketplace, linking caterers and restaurants with corporate customers providing food for their employees or clients.
buyer: Just Eat (LSE:JE:$1,103.79)
The UK Just Eat Group operates a leading global marketplace for online food delivery, providing customers with an easy and secure way to order and pay for food from their restaurant partners. They inspire their restaurant partners to raise their game with data and insights. "
target: City Pantry Limited
City Pantry, founded by Stuart Sunderland in 2014, is Europe’s leading B2B catering marketplace, linking caterers and restaurants with corporate customers providing food for their employees or clients.
price ($mm)
$20
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/8/2018 via BNC Analysis

Hungry Marketplace, acquired LocalStove

synopsis: HUNGRY, the online marketplace that connects independent chefs with the lucrative office catering market, announced the acquisition of Philadelphia-based LocalStove. LocalStove is a curated online marketplace that connects corporate catering customers with the best independent local cooks for office meetings and events.
buyer: Hungry Marketplace
Hungry Marketplace is an food-tech catering company that connects independent chefs with the office catering market. They provide a mobile and online food platform that connects professional chefs with businesses. "
target: LocalStove
LocalStove is a curated online marketplace that connects corporate catering customers with the best independent local cooks for office meetings and events. They provide a platform for companies to choose the right food based on budget, group size, and menu preferences.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/24/2018 via BusinessWire

ezCater, acquired GoCater

synopsis: ezCater, the world’s largest online marketplace for business catering, announced it has acquired GoCater, the Paris-headquartered corporate catering platform. GoCater allows businesses to book all their catering delivery orders online, and control their catering spending.
buyer: ezCater
ezCater is the world’s largest marketplace for business catering. ezCater’s online ordering, on-time ratings and reviews, and award-winning customer service help businesspeople from organizations of all sizes and industries make meetings more successful and employees more engaged. "
target: GoCater
GoCater allows businesses to book all their catering delivery orders online, and control their catering spending. Businesses can find, compare, and order from hundreds of local caterers and restaurants online. The platform is currently available in France and Germany.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/31/2018 via BNC Analysis

Rocket Internet, acquired Order-In

synopsis: German startup giant Rocket Internet has acquired Australian online corporate catering business Order-In. Launched in Sydney in 2000, Order-In allows corporate clients including Coca-Cola, Commonwealth Bank, and Twitter to search for and order catering from its network of suppliers.
buyer: Rocket Internet (XTRA:RKET:$72.72)
Rocket Internet incubates and invests in technology companies with proven business models, providing operational support and help to scale internationally. Rocket's selected companies are active in a large number of countries around the world with more than 28,000 employees. "
target: Order-In
Launched in Sydney in 2000, Order-In allows corporate clients including Coca-Cola, Commonwealth Bank, and Twitter to search for and order catering from its network of suppliers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/5/2019 via Reuters

Yummybox, acquired Berrykitchen

synopsis: Yummy Corp has acquired Indonesain online catering service pioneer Berrykitchen. Following the acquisition, the Berrykitchen team will be joining Yummy Corp’s online catering business unit, Yummybox. Both apps have also been merged and is currently available for both Android and iOS devices.
buyer parent: Yummy Corp
buyer: Yummybox
Yummybox is Yummy Corp’s online catering business unit. They deliver practical and chef-created daily lunch boxes to office employees in Jakarta & Tangerang Selata, Indonesia. Customers can choose their lunch menu for five or 10 working days in just a single click on the Yummybox app. "
target: Berrykitchen
Berrykitchen is the Indonesian online catering service pioneer. They make lunch boxes and bento meals for office workers. The app allows customers to choose or mix and match their own menu by providing delicious, healthy food at affordable prices to create a more enjoyable dining experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/5/2018 via BNC Analysis

Zomato, acquired TongueStun

synopsis: Food-ordering app Zomato has announced that it has acquired TongueStun, a Bengaluru-based startup. TongueStun is the leader in the corporate cafeteria sector, and now caters to as many as 1,500 companies and provides 1,50,000 meals daily to office-goers through its 1,000-plus food partners.
buyer: Zomato
Zomato is a restaurant search and discovery app, providing in-depth information for over 1 million restaurants across 23 countries. Zomato is used by consumers globally to discover, rate, and review restaurants, as well as create their own personal networks to give trusted recommendations. "
target: TongueStun
TongueStun is a Bangalore-based startup which aggregates caterers and restaurants for office canteens. TongueStun has over 1,000 curated food partners along with 1,500 companies on its platform in six cities including Bengaluru, Mumbai, Hyderabad, Gurugram, and Pune.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/2/2015 via PR Newswire

GrubHub, Inc., acquired Restaurants on the Run, Inc.

synopsis: GrubHub is expanding its foothold in online food ordering with the acquisition of Aliso Viejo-based Restaurants on the Run. Restaurants on the Run specializes in corporate food delivery from 1,700 restaurants in Los Angeles, San Francisco, Orange County, San Diego, Houston, Seattle, Las Vegas and Tulsa.
buyer: GrubHub, Inc. (GRUB:$1,351.36)
GrubHub is a leading online and mobile food ordering platform that shows diners local restaurants available for delivery or pick up. GrubHub features thousands of online and mobile ordering restaurants in hundreds of cities across the U.S. "
target: Restaurants on the Run, Inc.
Restaurants on the Run specializes in corporate food delivery from 1,700 restaurants in Los Angeles, San Francisco, Orange County, San Diego, Houston, Seattle, Las Vegas and Tulsa.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/5/2011 via BNC Analysis

Just-Eat Limited, acquired Urbanbite Ltd.

synopsis: Fast-growing online takeaway service provider Just-Eat announced that it has acquired Urbanbite, a London online food delivery company. The purchase marks Just-Eat’s entry into the corporate business.
buyer: Just-Eat Limited (LSE:JE:$1,103.79)
Just-Eat has created a whole new way of ordering takeaway food. Ordering online is simple, quick and efficient for both the customer and the restaurant owner. The Just-Eat end-to-end system for online ordering makes the takeaway ordering experience better for both parties. "
target: Urbanbite Ltd.
Urbanbite.com (originally Orangepip.com) was started by former British Airways IT expert Ben Carmona in 1999. Urbanbite is an online restaurant food-delivery service.
price ($mm)
rev ($mm)
$500
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 6/17/2020 via PR Newswire

Delivery.com, acquired Doorbell Dining

synopsis: delivery.com, a leading destination for online ordering, has acquired Doorbell Dining, an online and mobile restaurant delivery service. Doorbell Dining offers a network of over 100 restaurant partners. They specialize in corporate meal solutions, event catering and arranging residential delivery.
buyer parent: Cantor Fitzgerald, & Co.
buyer: Delivery.com
Delivery.com empowers the neighborhood economy by enabling consumers and corporate customers to order online from their favorite restaurants and other local businesses. More than two and a half million delivery.com customers explore their communities and order from over 15,000 local businesses. "
target: Doorbell Dining
Doorbell Dining is an online and mobile restaurant delivery service. Doorbell Dining offers a network of over 100 restaurant partners. They specialize in corporate meal solutions, event catering and arranging residential delivery.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/29/2018 via BNC Analysis

Takeaway.com, will acquire 10bis

synopsis: European online food delivery company Takeaway.com has announced that it has signed an agreement to acquire Israeli online food company 10bis in Tel Aviv from TA Associates and its founder Tamir Carmel. 10bis is a leader in online and mobile food ordering from restaurants in Israel.
buyer: Takeaway.com (ENXTAM:TKWY:$2,409.44)
Based in the Netherlands, Takeaway.com is a leading online food delivery marketplace, focused on connecting consumers and restaurants through its platform in 10 European countries and Vietnam. Takeaway.com offers an online marketplace where supply and demand for food delivery and ordering meet. "
target parent: TA Associates
target: 10bis
10bis is a leader in online and mobile food ordering from restaurants in Israel. The company's cutting edge technology allows customers to easily eat at or order from more than 4,000 restaurants.
price ($mm)
$158
rev ($mm)
$15
EBITDA ($mm)
$7
EV / rev
10.2x
EV / EBITDA
23.7x
closed 4/19/2018 via BNC Analysis

Caviar, acquired Zesty

synopsis: Square, Inc.'s delivery arm Caviar acquired San Francisco-based catering business Zesty. Zesty makes it easy to provide healthy food for employees. Zesty has built a robust platform with features designed specifically for large corporate food programs, including menu planning tools and algorithms, order management software, and more.
buyer parent: Square, Inc.
buyer: Caviar
Caviar is an easy way to order meals from popular local restaurants across the U.S. Customers can order ahead on the web, or instantly from Caviar’s free mobile app for iOS and Android. Caviar provides customers with quick, reliable delivery service no matter where they are. "
target: Zesty
Zesty makes it easy to provide healthy food for employees. Zesty has built a robust platform with features designed specifically for large corporate food programs, including menu planning tools and algorithms, order management software, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/9/2013 via PR Newswire

Converge Global, Inc., acquired Chefinesse, Inc.

synopsis: Converge Global, Inc. announced that it has acquired Chefinesse, Inc., an Ontario Corporation, and its related domains including: www.chefinesse.com. Chefinesse will become a retail division focused primarily on a niche market, sophisticated and passionate about the hospitality and tourism industries.
buyer: Converge Global, Inc. (CVRG:$0.00)
Converge Global, Inc. seeks potential acquisitions, encourages strategic alliances and assesses business development to support and expand its tiered network and corporate growth. "
target: Chefinesse, Inc.
Chefinesse.com is a retail portal for gourmet connoisseurs to access and purchase quality products and value added services. Chefinesse will produce a 16 page magazine supplement with related advertising, in print and online, with "Preferred Magazine" to be featured in their Summer 2013 issue.
price ($mm)
$0.05
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/11/2018 via BNC Analysis

Placio, acquired Paco Meals

synopsis: Placio, a Noida-based Student Housing Start-Up, acquired Paco Meals, a subscription based food start-up. Paco Meals focuses on appearance, aroma, and appetite and promises no menu repetition for at least three months.
buyer: Placio
Placio, a user-friendly digital platform based in India, brings a new way of life for the students of Universities. Founded on the belief of community-based living, Placio entails co-living in an environment where experience is more important than possession. "
target: Paco Meals
Based in India, Paco Meals is a subscription based food start up, focused on its 3As: Appearance, Aroma and Appetite. With a promise of no menu repetition for at least for three months, it also gives the freedom for students to bring their favorite recipes from homes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/13/2019 via gamesindustry.biz

Cerberus Interactive, acquired TasteBud

synopsis: Cerberus Interactive, a mobile games company focused on re-defining the location-based game industry, has acquired TasteBud, an online marketplace for restaurant deals. TasteBud is an app that enables hungry college students to discover local restaurants around their university and lock dynamic offers.
buyer: Cerberus Interactive
Cerberus Interactive is a mobile games company focused on re-defining the location-based game industry. Cerberus Interactive builds games with a marketing-first design process. Their flagship game is a location based AR game that allows users to build bases and find treasure around their town. "
target: TasteBud
TasteBud is an online marketplace for restaurant deals. TasteBud is an app that enables hungry college students to discover local restaurants around their university and lock dynamic offers. TasteBud helps students save up to 50% off meals at their favorite restaurants.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/6/2019 via BusinessWire

ARAMARK Corporation, acquired Good Uncle

synopsis: Aramark, a global leader in food, facilities management and uniforms, announced the acquisition of privately-held Good Uncle, an innovative, app-based on-demand food delivery service that brings freshly prepared, restaurant quality meals to conveniently located pick-up points around college campuses.
buyer: ARAMARK Corporation (ARMK:$16,189.70)
Aramark Corporation, known commonly as Aramark, is an American food service, facilities, and uniform services provider to clients in areas including education, healthcare, business, corrections, and leisure. "
target: Good Uncle
Good Uncle is an innovative, app-based on-demand food delivery service that brings freshly prepared, restaurant quality meals to conveniently located pick-up points around college campuses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/25/2018 via Company Press Release

GrubHub, Inc., will acquire Tapingo

synopsis: Grubhub, the nation's leading online and mobile food-ordering and delivery marketplace, will acquire Tapingo, a leading platform for campus food ordering. Tapingo enables tens of thousands of order-ahead transactions per day for more than half a million active diners at on-campus cafes, restaurants, and cashier-less stores.
buyer: GrubHub, Inc. (GRUB:$1,351.36)
GrubHub is one of the nation's largest portfolios of online and mobile takeout food ordering and delivery services. The company's platforms and services strive to make takeout better through innovative restaurant technology, easy-to-use platforms and an improved delivery experience. "
target: Tapingo
Tapingo is a leading platform for campus food ordering. With over 150 college campus partners, Tapingo enables tens of thousands of order-ahead transactions per day for more than half a million active diners at on-campus cafes, restaurants, and cashier-less stores.
price ($mm)
$150
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/31/2016 via BNC Analysis

AroundCampus Group, LLC, acquired UConnection

synopsis: AroundCampus Group, LLC, a national leader in print advertising and marketing services for college students and communities, announced the acquisition of UConnection, Inc. UConnection is a leading dining and nightlife mobile app for college students.
buyer: AroundCampus Group, LLC
AroundCampus Group, LLC is a national leader in print advertising and marketing services for college students and communities. AroundCampus is well known for its annual Sales Foundation Academy, a rigorous product and sales training program for over 750 college interns across 250 campuses. "
target: UConnection
UConnection is an app that changes the way college students experience dining and nightlife. UConnection is quickly scaling across the country, making it one of the top Food & Drink apps in the iTunes AppStore and Google Play Store for college students.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like Lemoncat


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Lemoncat

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Lemoncat

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Lemoncat

Chewse, Inc.

Feedr

City Pantry Limited

LocalStove

GoCater

Order-In

Berrykitchen

TongueStun

Restaurants on the Run, Inc.

Urbanbite Ltd.

Doorbell Dining

10bis

Zesty

Chefinesse, Inc.

Paco Meals

TasteBud

Good Uncle

Tapingo

UConnection

Geography
Matching Companies
Ticker: OPEN
 
 
 
 
 
 
 
 
OpenTable
OpenTable
OpenTable is the world's leading provider of online restaurant reservations. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation.
year
2014
rev ($mm)
$198.33
EBITDA ($mm)
$60.20
EBIT ($mm)
$46.55
Net Income ($mm)
$22.60
Employees
664
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Ticker: TSE:2491
 
 
 
 
 
 
 
 
Value Commerce Co., Ltd.
Value Commerce Co., Ltd.
Based in Japan, Value Commerce is the number one service in the online reservation system market exclusive for hotels and inns. They account for approximately 60% of the share of major travel advertisers affiliated in the “Value Commerce Affiliate” travel category provided by the company.
year
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rev ($mm)
$217.67
EBITDA ($mm)
$44.47
EBIT ($mm)
$41.10
Net Income ($mm)
$28.51
Employees
233
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Ailleron S.A.
Ailleron S.A.
Ailleron is a Polish technology company that delivers innovative solutions. Ailleron's flagship products include iLumio; a state-of-the-art system the provides hotel services at every stage of a guest's stay, and Livebank; a virtual bank branch solution that lets banks better engage with customers.
year
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rev ($mm)
$38.04
EBITDA ($mm)
$2.96
EBIT ($mm)
$1.05
Net Income ($mm)
$0.18
Employees
0
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Ticker: TSE:3963
 
 
 
 
 
 
 
 
Synchro Food Co., Ltd.
Synchro Food Co., Ltd.
Synchro Food is a Japan-based company that operates various websites for the food service industry. Their websites provide companies with various services that are useful for opening and managing a restaurant. Users can search for real estate, interior decorators, job-hunting services, and more.
year
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rev ($mm)
$12.14
EBITDA ($mm)
EBIT ($mm)
$5.43
Net Income ($mm)
$3.26
Employees
48
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Ticker: TSE:3963
 
 
 
 
 
 
 
 
Synchro Food Co., Ltd.
Synchro Food Co., Ltd.
Synchro Food is a Japan-based company that operates various websites for the food service industry. Their websites provide companies with various services that are useful for opening and managing a restaurant. Users can search for real estate, interior decorators, job-hunting services, and more.
year
2017
rev ($mm)
$12.14
EBITDA ($mm)
EBIT ($mm)
$5.43
Net Income ($mm)
$3.26
Employees
48
  • drill down
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